Colville, WA Homes for Sale
Wonderful investment opportunity with this iconic mixed-use masterpiece! Great building with 3 commercial spaces and 4 fully rented residential apartments with a cap rate holding 6% even with under market rents! Recognized for its immense cultural value and iconic period store front features, this building served for decades as a bustling retail and professional epicenter during Colville's transition into a booming timber, agricultural and mining hub. Today, it stands upgraded, maintained, and is ready for its next chapter. Boasting immaculately clean, easy to manage apartments that featuring stable, long-term tenants, as well as 3 prime commercial units. The large retail space currently homes RE LEE Shoes which seeks a new owner operator OR can be offered vacant. (Business and inventory are for sale separately.) Owner is open to SELLER FINANCING upon approval.
- $989,000
- —Bd
- —Ba
- 14,301 Sq Ft
New 2 Hours